Bare Act Search Results

Maharashtra Maritime Board Act, 1996 Complete Act

State: Maharashtra

Year: 1996

.....part in any deliberation or decision of the Board or the Committee with respect to that matter. SECTION 14: DEFECTS IN APPOINTMENT NOT TO INVALIDATE ACTS, ETC. No act or proceeding of the Board or of any of its Committees shall be invalid merely by reason of,- (a)any vacancy therein or any defect in the constitution thereof; (b)any disqualification or any defect in the appointment of, a person acting as a member thereof; or (c)any member having acted or taken part in any proceedings in contravention of section 13; (d)any irregularity in its procedure not affecting merits of the case. SECTION 15: DELEGATION OF POWERS The Board may, with the previous approval of the State Government, direct that such of the powers and duties conferred or imposed upon the Board by or under this Act as may be specified in such direction, may also be exercised or performed by the Chief Executive Officer subject to such conditions and restrictions as may be specified in such direction. SECTION 16: DUTIES OF CHAIRMAN ETC. (1)It shall be the duty of the Chairman, the Vice-Chairman. and the Chief Executive Officer to attend every meeting of the Board unless prevented by sickness or other reasonable cause......

Depositories Act, 1996 (22 of 1996) Chapter III

Title: Rights and Obligations of Depositories, Participants Issuers and Beneficial Owners

State: Central

Year: 1996

..... Section 11 - Register of beneficial owner Every depository shall maintain a register and an index of beneficial owners in the manner provided in section 150, section 151 and section 152 of the Companies Act, 1956 (1 of 1956). Section 12 - Pledge or hypothecation of securities held in a depository (1) Subject to such regulations and bye-laws, as may be made in this behalf, a beneficial owner may with the previous approval of the depository create a pledge or hypothecation in respect of a security owned by him through a depository. (2) Every beneficial owner shall give intimation of such pledge or hypothecation to the depository and such depository shall thereupon make entries in its records accordingly. (3) Any entry in the records of a depository under sub-section (2) shall be evidence of a pledge or hypothecation. Section 13 - Furnishing of information and records by depository and issuer (1) Every depository shall furnish to the issuer information about the transfer of securities in the name of beneficial owners at such intervals and in such manner as may be specified by the bye-laws. (2) Every issuer shall make available to the depository copies of the.....

Roerich and Devikarani Roerich Estate (Acquisition and Transfer) Act, 1996 Section 19A

Title: Disbursement of Amount to the Owners, Transferees and Other Interested Persons

State: Karnataka

Year: 1996

.....appointment of the amount among them, the Commissioner shal refer the matter to the Court and make disbursement in accordance with the decision of the Court. (3) The court shall decide the appoitment of amount among the owners, trransferees and other interested persons in relation to the estate having due regard to the value on the appointed day, of the property forming part of the estate. (4) Notwithstanding anything contained in this Act evidence shall be admissible to establish the court right, title and interest of the owners, transferees or other interested persons in relation to the estate. Explanation.--In this section 'Court' in relation to the estate means the principal court of original jurisdiction within the local limits of whose jurisidiction the estate is situated.] _______________________________ 1. Inserted by Act 19 of 2001 w.e.f. 21.11.1996

Depositories Act, 1996 (22 of 1996) Section 10

Title: Rights of Depositories and Beneficial Owner

State: Central

Year: 1996

(1) Notwithstanding anything contained in any other law for the time being in force, a depository shall be deemed to be the registered owner for the purposes of effecting transfer of ownership of security on behalf of a beneficial owner. (2) Save as otherwise provided in sub-section (1), the depository as a registered owner shall not have any voting rights or any other rights in respect of securities held by it. (3) The beneficial owner shall be entitled to all the rights and benefits and be subjected to all the liabilities in respect of his securities held by a depository.

Roerich and Devikarani Roerich Estate (Acquisition and Transfer) Act, 1996 Section 5

Title: Owners or Transferees to Be Liable for Certain Prior Liabilities

State: Karnataka

Year: 1996

.....under section 6 to vest in the Board, against the Board. (2) For the removal of doubts it is hereby declared that,- (a) save as otherwise expressly provided in this section or in any other section of the Act, no liability of the owners or transferees in relation to the Estate in respect of any period prior to the appointed day shall be enforceable against the State Government or where the Estate is directed under section 6 to vest in the Board, against the Board; (b) no award, decree or order of any court, tribunal or other authority in relation to the Estate passed after the appointed day in respect of any matter, claim or dispute in relation to any matter which arose before that day shall be enforceable against the State Government or where the Estate is directed under section 6 to vest in the Board, against the Board; (c) no liability incurred by the owners or transferees before the appointed day, for the contravention of any provision of any law for the time being in force shall be enforceable against the State Government or where the Estate is directed under section 6 to vest in the Board, against the Board.

Depositories Act, 1996 (22 of 1996) Section 11

Title: Register of Beneficial Owner

State: Central

Year: 1996

Every depository shall maintain a register and an index of beneficial owners in the manner provided in section 150, section 151 and section 152 of the Companies Act, 1956 (1 of 1956).

Roerich and Devikarani Roerich Estate (Acquisition and Transfer) Act, 1996 Section 7

Title: Amount to Be Given to Owners, Transferees and Other Interested Persons

State: Karnataka

Year: 1996

For the transfer to and vesting in the Government of the Estate under section 3 and the right, title and interest in relation to the Estate, the Government shall pay an amount of rupees five hundred lakhs by depositing the same with the Commissioner and the said amount shall be paid to the owners, transferees or such other persons entitled thereto in the manner specified in Chapter IV.

Depositories Act, 1996 Complete Act

State: Central

Year: 1996

.....of a depository. (2) Words and expressions used herein and not defined but defined in the Companies Act, 1956 (1 of 1956) or the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or the Securities and Exchange Board of India Act, 1992 (15 of 1992), shall have the meanings respectively assigned to them in those Acts. SECTION 03: CERTIFICATE OF COMMENCEMENT OF BUSINESS BY DEPOSITORIES. (1) No depository shall act as a depository unless it obtains a certificate of commencement of business from the Board. (2) A certificate granted under sub-section (1) shall be in such form as may be specified by the regulations. (3) The Board shall not grant a certificate under sub-section (1) unless it is satisfied that the depository has adequate systems and safeguards to prevent manipulation of records and transactions : Provided that no certificate shall be refused under this section unless the depository concerned has been given a reasonable opportunity of being heard. SECTION 04: AGREEMENT BETWEEN DEPOSITORY AND PARTICIPANT. (1) A depository shall enter into an agreement with one or more participants as its agent. (2) Every agreement under sub-section (1) shall be in such form as.....

West Bengal Building Tax Act, 1996 Complete Act

State: West Bengal

Year: 1996

.....or other legal proceedings shall lie against any Government servant for anything which is in goods faith done or intended to be done under this Act or the rules made thereunder. Section 19 Bar to proceedings in civil court No order passed or action taken against any person under this Act or the rules made thereunder by the prescribed authority or any officer appointed under sub-section (1) of section 3 to assist the prescribed authority shall be called into question in any civil court and no appeal or application for revision shall lie against any order passed under this Act or the rules made thereunder in any civil court. Section 20 Offences and penalties (1) (a) Whoever fails to make payment of tax under section 7 by the date prescribed, shall be punishable with simple imprisonment for three years, or with find not exceeding ten thousand rupees, or with both. (b) The offence punishable under this sub-section shall be cognizable and non-bailable. (2) Whoever (i) furnishes false declaration referred to in section 5, or (ii) fails to furnish declaration referred to in section 5 within the prescribed time, or (iii) fails to produce or explain the records or documents.....

Depositories Act, 1996 (22 of 1996) Schedule 1

Title: The Schedule

State: Central

Year: 1996

.....on the total amount of security issued by it and such securities need not be stamped; (b) where an issuer issues certificate of security under sub-section (3) of section 14 of the Depositories Act, 1996, on such certificate duty shall be payable as is payable on the issue of duplicate certificate under this Act; (c) transfer of registered ownership of shares from a person to a depository or from a depository to a beneficial owner shall not be liable to any stamp duty; (d) the transfer of beneficial ownership of shares, such shares being shares of a company dealt with by a depository shall not be liable to duty under article 62 of Schedule I of this Act. Explanation.--For the purposes of this section, the expressions "beneficial owner", "depository", and "issuer" shall have the meanings respectively assigned to them in clauses (a), (e) and (f) of sub-section (1) of section 2 of the Depositories Act, 1996.'. PART II AMENDMENTS TO THE COMPANIES ACT, 1956 (l OF 1956) Amendments 1. In section 2, after clause (45A), the following clause shall be inserted, namely:-- '(45B) "Securities and Exchange Board of India" means the Securities and Exchange Board of India.....